Private Equity
Scott Stringer, New York City’s comptroller, has named Scott Evans as chief investment officer of the city’s $150 billion pension system at an annual salary of $224,000. He starts in the role on July 14.
2 min read · 29 May 2014
Some general partners have taken a fairly relaxed view of the recent leak of their limited partner agreements—which raises the point that what has been under lock and key for so long in this industry actually doesn’t need to be.
3 min read · 28 May 2014
Elizabeth Danes, a former executive at Capital Z Partners who ran her own firm for the past three years, died earlier this month after an 11 year battle with breast cancer.
1 min read · 28 May 2014
Vortus Investment Advisors LLC, which focuses on deals in the energy industry, has held a first close on its debut fund on $100 million, according to a person with knowledge of the fundraising.
2 min read · 27 May 2014
Andy Wiltshire, the head of alternatives at the Harvard Management Company, made about $7.8 million in total compensation in calendar year 2012, according to information provided by Harvard—the largest payout among the group of investment managers at the organization.
2 min read · 22 May 2014
Chicago Growth Partners has decided to stop raising its third private equity fund and instead will pursue a different structure to invest capital in small growth companies, according to a memo the firm sent to limited partners.
2 min read · 21 May 2014
Francois Joly, a partner at Headlands Capital Management, left the firm late last year and joined the Qatar Abu Dhabi Investment Corp as a director in funds and secondaries.
1 min read · 20 May 2014
Littlejohn & Company has collected $1.6 billion for its fifth fund, beating its $1.5 billion target, according to a person with knowledge of the fundraising.
1 min read · 20 May 2014
La Caisse de dépôt et placement du Québec is ramping up its emerging markets investment focus across asset classes including private equity after taking a hiatus for several years, according to Rashad Kaldany, executive vice-president in emerging markets at the institution.
2 min read · 19 May 2014
Advent International is set this month to launch its sixth Latin American investment vehicle with a $2 billion target, sources said.
2 min read · 16 May 2014
